Italian UniCredit increases its stake in German Commerzbank
Italian UniCredit increased its share in German Commerzbank. UniCredit bought 11.5 percent of Commerzbank’s shares. UniCredit had previously bought 9
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Unexpected contraction in business confidence in Germany in July
The Institute for Economic Research (Ifo), headquartered in Munich, released the results of its April German Business Survey, which surveyed
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Eurozone composite PMI under the influence of Germany
Composite PMI in the Eurozone lost momentum in July, falling below expectations. S&P Global’s Composite Purchasing Managers’ Index fell to
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Turkey in the automotive race! 110-year-old German giant to leave thousands of workers and produce here
Long-awaited investments started to come one after the other. Following BYD’s investment move, the European giant also decided to shift
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Sharp contraction in German industry
Germany’s industrial production contracted sharply in May, signaling that the recovery in Europe’s largest economy is difficult. Industrial production in
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Factory orders in Germany fall for the fifth month in a row
According to the provisional data on factory orders for May announced by the German Federal Statistical Office (Destatis), orders for
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German manufacturers react to tax on Chinese electric vehicles
The EU Commission’s additional tariffs of up to 38.1 percent on imports of electric cars produced in China into EU
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EU approves Lufthansa-ITA deal
The EU Commission has given conditional approval to Lufthansa’s proposal to acquire part of the shares of ITA. The statement
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Unemployment in Germany exceeded expectations in June
According to June data on unemployment figures from the German Federal Employment Agency (BA), the number of seasonally adjusted unemployed
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Bosch sets its sights on Whirlpool
German engineering group Robert Bosch GmbH is considering making a bid to buy US appliance maker Whirlpool in a move
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